Subrogation of Lender. Lender shall be subrogated to the lien of any previous encumbrance discharged with funds advanced by Lender under the Loan Documents, regardless of whether such previous encumbrance has been released of record.
Appears in 6 contracts
Samples: Mortgage, Security Agreement (AmeriCann, Inc.), Postal Realty Trust, Inc., SHARING SERVICES GLOBAL Corp
Subrogation of Lender. Lender shall be subrogated to the lien of any previous encumbrance discharged with funds advanced by Lender under the Loan Documents, regardless of whether such previous encumbrance has been released of record.. 112
Appears in 1 contract
